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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by LexMark747on Oct 28, 2014 8:32pm
252 Views
Post# 23070281

RE:RE:RE:RE:looking at the cash flow

RE:RE:RE:RE:looking at the cash flow
sens93 wrote: It looks more like a descending triangle to me, with the same upper line as yours, but the support at $1.00 straight across. My 2 cents


Go to https://www.investopedia.com/university/charts/charts7.asp ....... and click on Wedge ...... it will not only give you a full explanation of a wedge but it also gives you a picture of a Falling Wedge which is identical to the graph I posted. With that said just simply lay back and buy on the breakout. It's a no brainer .... if it doesn't break out then you haven't spent a dime. I myself am sitting looking for the break out. If one dollar is support then its already broken through there twice with in-tra day low's. My support lies on the Falling Wedge support line which is now after the close today @ 0.95. Again, I will buy on the resistance line break out which is the upper declining line. That way If it doesn't break out I can't lose and if it does I'm a winner. Take it for what you think it's worth ..... Only my opinion ..... Mark
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